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of <h1>Gift Imports Restricted; Exemptions for Life-Saving Drugs and Rakhi; Duties Apply Beyond Value Limit; Penalties for Violations.</h1> Import of gifts through post is generally prohibited under the Foreign Trade Policy, except for life-saving drugs/medicines and Rakhi. However, gifts can be imported with full duty payment. Bonafide gifts within a government-prescribed value limit are exempt from customs duties, provided they are not prohibited under the Foreign Trade Act. Gifts must be for personal use, and their quantity should not suggest money transfer. The value is based on the original cost in the dispatching country, excluding postal charges. If gifts exceed the value limit, customs duties apply, and restricted goods may incur penalties and confiscation. Prohibited items face absolute confiscation and penalties.
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